Oppenheimer Asset Management Inc. Sells 14,326 Shares of iShares Gold Trust $IAU

Oppenheimer Asset Management Inc. reduced its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 303,847 shares of the exchange traded fund’s stock after selling 14,326 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares Gold Trust were worth $24,663,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IAU. Schmidt P J Investment Management Inc. boosted its holdings in iShares Gold Trust by 1.1% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after purchasing an additional 106 shares during the period. Foster Group Inc. boosted its holdings in iShares Gold Trust by 2.4% in the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after purchasing an additional 120 shares during the period. Two West Capital Advisors LLC boosted its holdings in iShares Gold Trust by 1.9% in the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock valued at $571,000 after purchasing an additional 132 shares during the period. Focused Wealth Management Inc boosted its holdings in iShares Gold Trust by 3.4% in the 4th quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 132 shares during the period. Finally, Evolution Wealth Advisors LLC boosted its holdings in iShares Gold Trust by 1.5% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock valued at $646,000 after purchasing an additional 135 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $86.85 on Friday. iShares Gold Trust has a fifty-two week low of $59.71 and a fifty-two week high of $104.40. The firm has a fifty day moving average price of $90.99 and a two-hundred day moving average price of $86.00. The company has a market cap of $73.94 billion, a PE ratio of 5.53 and a beta of 0.20.

iShares Gold Trust News Summary

Here are the key news stories impacting iShares Gold Trust this week:

About iShares Gold Trust

(Free Report)

iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Featured Stories

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.